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Hexatronic Group AB
(HTRO)
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Rating:61Neutral
Price Target:
kr36.00
▲(52.80% Upside)
Action:Reiterated
Date:05/05/26
The score is held back primarily by weakened financial performance (declining revenue and a swing to a slight net loss), partly offset by solid free cash flow and manageable leverage. Technical momentum is supportive with price above all major moving averages and a positive MACD, while valuation looks reasonable on P/E but lacks dividend yield data.
Positive Factors
Strong free cash flow generation
Sustained positive operating and free cash flow provides durable internal funding for capex, working capital and incremental product development. Strong FCF relative to prior periods supports investment in deployment systems and gives flexibility to weather cyclical telecom spending downturns.
Negative Factors
Revenue decline and recent net loss
A multi-year reversal from prior profitability to a TTM net loss indicates weakened demand or margin pressure. Persisting revenue declines reduce scale economics and limit reinvestment capacity, risking slower product development and weaker competitiveness in tender-based network projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong free cash flow generation
Sustained positive operating and free cash flow provides durable internal funding for capex, working capital and incremental product development. Strong FCF relative to prior periods supports investment in deployment systems and gives flexibility to weather cyclical telecom spending downturns.
Read all positive factors
Hexatronic Group AB (HTRO) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr7.68B
Dividend YieldN/A
Average Volume (3M)1.17M
Price to Earnings (P/E)―
Beta (1Y)1.04
Revenue Growth3.05%
EPS Growth-102.13%
CountrySE
Employees1,997
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)-0.03
Shares Outstanding221,426,700
10 Day Avg. Volume1,116,583
30 Day Avg. Volume1,166,324
Financial Highlights & Ratios
PEG Ratio3.25
Price to Book (P/B)1.38
Price to Sales (P/S)0.65
P/FCF Ratio9.72
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr42.50Price Target Upside80.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.14
Revenue Forecast (FY)kr8.03B
Hexatronic Group AB Business Overview & Revenue Model
Company Description
Hexatronic Group AB (publ), founded in 1972 and headquartered in Gothenburg, Sweden, is a global entity dedicated to the full spectrum of fiber communication solutions, from conception and development to manufacturing, marketing, and sales. The co...
How the Company Makes Money
Hexatronic primarily makes money by selling fiber-optic infrastructure products and system solutions to customers building, expanding, or upgrading fiber networks. Its revenues are typically generated from (1) product sales of passive fiber compon...
Hexatronic Group AB Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
56
Neutral
Cash Flow
64
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.58B | 7.25B | 7.58B | 8.15B | 6.57B | 3.49B |
| Gross Profit | 1.63B | 87.00M | 3.17B | 3.50B | 2.87B | 1.53B |
| EBITDA | 773.00M | 476.00M | 1.10B | 1.62B | 1.26B | 483.40M |
| Net Income | -9.00M | -14.00M | 346.00M | 848.00M | 795.00M | 253.10M |
Balance Sheet | ||||||
| Total Assets | 8.32B | 8.06B | 8.96B | 8.73B | 7.39B | 4.72B |
| Cash, Cash Equivalents and Short-Term Investments | 603.00M | 661.00M | 633.00M | 813.00M | 552.00M | 675.10M |
| Total Debt | 2.74B | 2.69B | 3.07B | 3.49B | 2.35B | 1.92B |
| Total Liabilities | 4.70B | 4.59B | 4.91B | 5.30B | 4.58B | 3.07B |
| Stockholders Equity | 3.60B | 3.44B | 4.02B | 3.40B | 2.77B | 1.64B |
Cash Flow | ||||||
| Free Cash Flow | 559.00M | 487.00M | 596.00M | 426.00M | 190.50M | -97.60M |
| Operating Cash Flow | 664.00M | 585.00M | 921.00M | 944.00M | 669.50M | 104.70M |
| Investing Cash Flow | -311.00M | -272.00M | -508.00M | -1.43B | -1.10B | -1.15B |
| Financing Cash Flow | -193.00M | -199.00M | -613.00M | 770.00M | 270.60M | 1.51B |
Hexatronic Group AB Technical Analysis
Negative
23.56
Price Trends
41.33
Negative
36.66
Negative
28.89
Positive
Market Momentum
-1.98
Positive
37.13
Neutral
19.08
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:HTRO, the sentiment is Negative. The current price of 23.56 is below the 20-day moving average (MA) of 38.54, below the 50-day MA of 41.33, and below the 200-day MA of 28.89, indicating a neutral trend. The MACD of -1.98 indicates Positive momentum. The RSI at 37.13 is Neutral, neither overbought nor oversold. The STOCH value of 19.08 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:HTRO.
Hexatronic Group AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | kr762.29M | -84.44 | ― | ― | -10.58% | -127.66% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | kr7.68B | -1,150.00 | 3.38% | ― | 3.05% | -102.13% | |
58 Neutral | kr337.61M | 182.86 | ― | ― | 11.87% | ― | |
49 Neutral | kr304.78M | -13.61 | -5.81% | ― | -8.58% | -159.42% | |
42 Neutral | kr147.10M | -2.82 | -24.59% | ― | -65.31% | -56.81% |
* Technology Sector Average
SE:HTRO
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Hexatronic Group AB Corporate Events
Hexatronic Sets Date for Q2 2026 Report and Investor Webcast
Jul 1, 2026
Hexatronic has scheduled the publication of its second-quarter 2026 report for July 15 at 07:00 a.m. CEST, followed by a webcast presentation later that morning with senior executives including the CEO, CFO, Deputy CEO and Head of Investor Relatio...
Hexatronic to Double Submarine Cable Capacity with New Hudiksvall Production Line
Jun 29, 2026
Hexatronic Group AB will install a new submarine fiber-optic cable production line at its Hudiksvall, Sweden facility, more than doubling its manufacturing capacity and lifting potential annual output value from roughly SEK 150–200 million t...
Hexatronic Deputy CEO Martin Åberg to Step Down After Key Role in Global Expansion
Jun 14, 2026
Hexatronic Group AB announced that Deputy CEO and Head of the Data Center business area, Martin Åberg, has decided to leave the company to focus on his private investments, though he will remain in his role until a successor is appointed to e...
Hexatronic Expands Share Capital Through Directed Issue
Jun 3, 2026
Hexatronic Group AB has increased its number of shares and votes following a directed issue of 15,789,474 new ordinary shares, resolved by the board under an existing AGM authorization and registered with the Swedish Companies Registration Office ...
Hexatronic Closes Superior Fiber & Data Deal to Deepen U.S. Data Center Reach
Jun 1, 2026
Hexatronic Group has completed the acquisition of Superior Fiber Data Services, a Texas-based data installation and service specialist, which will be integrated into Hexatronic’s Data Center business area. The deal, financed through a direc...
Hexatronic AGM backs new incentive plan and share buyback mandate
May 12, 2026
Hexatronic’s annual general meeting in Gothenburg approved the 2025 financial statements, granted discharge from liability to the board and CEO, and decided to retain earnings without distributing a dividend, signaling a focus on strengtheni...
Hexatronic Raises SEK 600 Million in Oversubscribed Directed Share Issue to Fund Acquisitions
May 7, 2026
Hexatronic Group AB has completed a directed share issue of 15,789,474 new shares at SEK 38 per share, raising gross proceeds of about SEK 600 million from Swedish and international institutional investors. Strong demand led the board to increase ...
Hexatronic Plans SEK 550 Million Directed Share Issue to Fund Acquisition Strategy
May 6, 2026
Hexatronic Group AB plans to raise approximately SEK 550 million via a directed share issue to Swedish and international institutional investors through an accelerated bookbuilding process. The new share issue, executed under a mandate from the 20...
Hexatronic Buys Texas Installer Superior Fiber to Bolster U.S. Data Center Push
May 6, 2026
Hexatronic Group is deepening its presence in the U.S. data center and harsh environment markets by acquiring Superior Fiber Data Services, a Texas-based data installation and services provider with around 60 employees and longstanding relationsh...
Hexatronic Q1 2026: Data Center Leads Earnings as Fiber Sales Soften
Apr 29, 2026
Hexatronic Group AB reported first-quarter 2026 net sales of SEK 1,698 million, down 10 percent year-on-year with an organic decline of 2 percent, while adjusted EBITA fell to SEK 146 million and margin eased to 8.6 percent. Despite softer Fiber S...
Hexatronic Schedules Webcast for Q1 2026 Report Release
Apr 15, 2026
Hexatronic Group AB will publish its report for the first quarter of 2026 on April 29 at 07:00 CEST, followed by a webcast presentation later that morning led by senior management, including the CEO and CFO. Investors and analysts can join via web...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.